ABB names Christian Nilsson as CFO, reports high order and revenue growth

[A graph made of neon tubes in a room]
Jonathan Kitchen

* ABB (OTCPK:ABBNY [https://seekingalpha.com/symbol/ABBNY]) Thursday announced that CFO Timo Ihamuotila will step down from the executive committee effective February 1, 2026, and leave ABB at the end of 2026.
* Timo will be succeeded by the internal candidate Christian Nilsson, who joined ABB in 2017 as CFO of the Electrification business area.
* The company reported Q3 orders of $9,143 million, +12% from the year-ago period.
* Revenues of $9,083 million, +11%; income from operations $1,662 million; margin 18.3%.
* Basic EPS $0.66; +29%.
* In the fourth quarter, ABB (OTCPK:ABBNY [https://seekingalpha.com/symbol/ABBNY]) anticipates comparable revenue growth to be in the mid-single-digit range and the operational EBITA margin to sequentially soften from the third quarter by approximately -150 basis points, in line with historical patterns.

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